3606. Maurice State Bank (Maurice, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 1, 1896*
Location
Maurice, Iowa (42.966, -96.181)

Metadata

Model
gpt-5-mini
Short Digest
8f096f19

Response Measures

None

Description

Multiple 1896 newspaper items report the Maurice State Bank 'closed its doors' (Feb 1896) and shortly thereafter 'passed into a receiver's hands' with the cashier arrested for alleged forgery and missing/forged notes. No article describes a depositor run; cause appears to be bank-specific problems (forged/missing notes, insolvency). Dates are taken from publication dates; precise closing day not given so set day to 00 for the suspension event.

Events (3)
1. February 1, 1896* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed after examiner found missing/forged notes and apparent insolvency; cashier later accused of forging and substituting notes.
Newspaper Excerpt
The Maurice (Ia.) state bank closed its doors.
Source
newspapers
2. February 20, 1896 Receivership
Newspaper Excerpt
Cashier A. E. Thompson of the Maurice State bank, which recently passed into a receiver's hands, has been arrested on a charge of forgery.
Source
newspapers
3. February 22, 1896 Other
Newspaper Excerpt
State Bank Examiner Bennett has caused the arrest of Cashier A. E. Thompson of the defunct Maurice State bank, on a charge of forgery. Bennett listed $7,868 of notes when he examined the bank in December, which the receiver could not find when he took charge.
Source
newspapers

Newspaper Articles (6)
1. February 8, 1896 The Diamond Drill Crystal Falls, MI
Article from The Diamond Drill, February 8, 1896

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Article Text

LATER. Four thousand six hundred and forty bids for $558,269,850 worth of bonds was the total of the subscriptions opened at the treasury department in Washington in accordance with the terms of the call issued a month ago inviting proposals for $100,000,000 of United States four per cent. bonds to run 30 years from February 1, 1895. Mrs. Hannah Cudderback, the oldest person in Ohio, died at Vermillion, aged 107 years. Richard Klaetka killed his wife, father, mother, three daughters and himself with a pistol in Chicago. The cause was said to be anarchistic tendencies and domestic trouble. Allen Sharpless, aged 47, and his 15year-old daughter were burned to death at their home in Montpelier, O. The bank of Wilton M. Durham at Momence, III., failed with liabilities amounting to $25,000, consisting principally of deposits. Thomas Driscoll, the "Hermit of Argyle," died at the Rensselaer home for aged men in Argyle, N. Y., aged 104 years. Miss Clara Barton, president of the American Red Cross society, and party left London on their way to Armenia for the distribution of relief funds. Dr. Hurst, of Pennington, Va., while drunk, injected morphine into himself and his companions, causing his own death and that of two others. The Maurice (Ia.) state bank closed its doors. James H. Rice, president of one of the largest manufacturing and exporting concerns in the plate glass industry in America, died in Chicago, aged 66 years. His wife died two days before. John Field, receiver of the Fifth avenue bank at Columbus, O., which failed about a month ago, reported a shortage of nearly $70,000. Lady Jane Francesca Wilde, mother of Oscar Wilde, died in London. Washington, Feb. 6.--In the senate yesterday Senator Morgan (Ala.) introdueed a resolution in favor of absolute neutrality between the contending powers in Cuba, and that to each all the rights of belligerents in the ports of the United States shall be accorded. Senator Vest (Mo.) severely criticized the secretary of agriculture because he did not distribute seeds to farmers. In the house a bill was passed to prevent prize and bull fights in any state or territory. The free-coinage substitute for the house bond bill was discussed, but no action was taken.

2. February 13, 1896 Warren Sheaf Warren, MN
Article from Warren Sheaf, February 13, 1896

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Article Text

DOMESTIC. Frank Blair & Sons, the largest manufacturers of tubs and pails in Ohio, failed at Garrettsville. All but four of the 100 students at the Smith college in Sedalia, Mo., were converted at a revival. Two shocks of earthquake were felt at Creighton and Norfolk, Neb., and at Sioux City, Ia., and Elk Point and other places in Minnesota. Joseph Dunlop, publisher of the Chicago Dispatch, was found guilty of sending obscene matter through the United States mails. The bank of Wilton M. Durham at Momence, III., failed with liabilities amounting to $25,000, consisting principally of deposits. At St. Paul, Minn., Joe Friedmann, a man of 24, fatally shot his former sweetheart, Julia Celker, wounded a man named Hoffman, his rival, and then killed himself. Four thousand six hundred and forty bids for $558,269,850 worth of bonds was the total of the subscriptions opened at the treasury department in Washington in accordance with the terms of the call issued a month ago inviting proposals for $100,000,000 of United States four per cent. bonds to run 30 years from February 1, 1895. Richard Klaetka killed his wife, father, mother, three daughters and himself with a pistol in Chicago. The cause was said to be anarchistic tendencies and domestic trouble. Allen Sharpless, aged 47, and his 15year-old daughter were burned to death at their home in Montpelier, O. The agricultural lands of the Red Lake Indians in Minnesota, which embrace about 800,000 acres, will be opened for settlement May 1 and will be sold at $1.25 per acre. Dr. Hurst, of Pennington, Va., while drunk, injected morphine into himself and his companions, causing his own death and that of two others. James H. Rice, president of one of the largest manufacturing and exporting concerns in the plate glass industry in America, died in Chicago, aged 66 years. His wife died two days before. Krout, the express agent who pleaded guilty to robbing the express company of $20,000, was sentenced at Colorado Springs, Col., to five years' imprisonment. The Recaimer Manufacturing company of New York, makers of face cream balm. failed for $125,000. John Field, receiver of the Fifth avenue bank at Columbus, O., which failed about a month ago, reported a shortage of nearly $70,000. The Maurice (Ia.) state bank closed its doors. The first cyclone in the history of Mobile, Ala., did considerable damage in that city and vicinity. Hans Peterson, aged 58 years, wandered about the streets of Omaha, Neb., until he starved to death.

3. February 15, 1896 Perrysburg Journal Perrysburg, OH
Article from Perrysburg Journal, February 15, 1896

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Article Text

DOMESTIC. Richard Klaetka killed his wife, father, mother, three daughters and himself with a pistol in Chicago. The cause was said to be anarchistic tendencies and domestic trouble. Allen Sharpless, aged 47, and his 15year-old daughter were burned to death at their home in Montpelier, O. The Indians agricultural Minnesota, lands of which the Red Lake in embrace about 800,000 acres, will be opened for settlement May 1 and will be sold at $1.25 per acre. Dr. Hurst, of Pennington, Va., while drunk, injected morphine into himself and his companions, causing his own death and that of two others. James H. Rice, president of one of the largest manufacturing and exporting concerns in the plate glass industry in America, died in Chicago, aged 66 years. His wife died two days before. Krout, the express agent who pleaded guilty to robbing the express company of $20,000, was sentenced at Colorado Springs, Col., to five years' imprisonment. The Recaimer Manufacturing company of New York, makers of face cream balm. failed for $125,000. John Field, receiver of the Fifth bank at Columbus, O., which about a month ago, a avenue failed reported shortage of nearly $70,000. The Maurice (Ia.) state bank closed its doors. The first cyclone in the history of Mobile, Ala., did considerable damage in that city and vicinity. Hans Peterson, aged 58 years, wandered about the streets of Omaha, Neb., until he starved to death. A bridge on the New England railroad over the Pequebuck river, near Bristol, Conn., collapsed, carrying with it 11 cf 20 workmen, council whom of the perished. The supreme National Alliance in Ington elected as Farmers' president session Mann in Wash- Page, of Virginia. John Torrence, the oldest railway mail clerk in the country, his Indianapolis from injuries died at home in received in a railway wreck, aged 67 years. The Columbia Spring company, doing business in several states failed and with headquarters at Newport, Ky., for $172,000. R. & H. Adams, manufacturers of cotton goods in New York, failed for $500,000. The entire coast from Florida to Maine was swept by violent gales, the wind reaching velocities from 50 to 70 miles, and all the Atlantic coast districts were deluged with heavy rains. The village of Bound Brook, N. J., was flooded a heavy rain and during the a fire storm by destroyed 20 houses. The Excelsior Manufacturing company, a large stove-making concern in St. Louis, failed for $150,000. The dam at Pocahontas lake broke and all the lower part of Morristown, N. J., was imundated and 25 persons were missing. Scott Jackson, a dental student in Cincinnati, accused of the murder of Pearl Bryan, of Greencastle, Ind., confessed his guilt and implicated Alonzo M. Walling. In a saloon fight at Whiting, Ind., Stephen Malji and Emile Szanyo were killed and several others were badly injured. The plant of the W. S. Reed Toy company was destroyed by fire at Lenminster, Mass., entailing a loss of $100,000. The at comtreasury Washington of the bids for pleted its tabulation bonds above the Morgan syndicate bid. The result is 781 bids for a total of $66.768,650. This leaves the amount which will be awarded to the Morgan syndicute $34,211,350. There were 323 business failures in the United States in the seven days ended on the 7th, against 404 the week previous and 281 in the corresponding period of 1895. The R. M. Connable company, manufacturers at Dayton, O., of overalls and heavy clothing, failed for $100,000.

4. February 21, 1896 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, February 21, 1896

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Article Text

IOWA BANK /CASHIER ARRESTED. A. E. Thompson of Mauriee Charged with Forgery. MAURICE, Ia., Feb. 20.-(Special Telegram.)-Cashier A. E. Thompson of the Maurice State bank, which recently passed into a receiver's hands, has been arrested on a charge of forgery preferred by Bank Examiner Bennett. On examining the bank last December Bennett listed $7,868 in notes, which were found to have disappeared when the receiver took charge. In their place was Thompson's note for a like amount. Bennett suspects the originals were forgeries and that Thompson destroyed them and substituted his own when failure became inevitable.

5. February 22, 1896 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, February 22, 1896

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Article Text

BANK CASHIER ARRESTED. lowa State Examiner Charges A.E. Thompson With Forgery. MAURICE, la. Feb. 22.-State Bank Examiner Bennett has caused the arrest of Cashier A. E. Thompson of the defunct Maurice State bank, on a charge of forgery. Bennett listed $7,868 of notes when he examined the bank in December, which the receiver could not find when he took charge. Thompson's note for a similar amount was found, and Bennett thinks the originals were forgeries, which Thompson destroyed, substituting his own prior to failure.

6. February 28, 1896 Little Falls Weekly Transcript Little Falls, MN
Article from Little Falls Weekly Transcript, February 28, 1896

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Article Text

BANK CASHIER ARRESTED. Iowa State Examiner Charges A. E. Thompson With Forgery. MAURICE, Ia., Feb. 22.-State Bank Examiner Bennett has caused the arrest of Cashier A. E. Thompson of the defunct Maurice State bank, on a charge of forgery. Bennett listed $7,868 of notes when he examined the bank in December, which the receiver could not find when he took charge. Thompson's note for a similar amount was found, and Bennett thinks the originals were forgeries, which Thompson destroyed, substituting his own prior to failure.